fdic

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FDIC Orders Crypto Exchange FTX US, 4 Others to Cease 'Misleading' Claims
The five companies "made false representations" suggesting crypto products might be FDIC-insured.
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US Regulator 'Improperly' Pushing Banks to Avoid Serving Crypto Companies, Lawmaker Says
Sen. Pat Toomey said whistleblowers had informed him the FDIC was pressuring banks to stop providing services to crypto companies.
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Crypto Investors Can Rely on ‘Frankly Nothing’ in Current Regulatory Environment, Says Former FDIC Official
Chief Innovation Officer Sultan Meghji joined CoinDesk TV’s “First Mover” to discuss why crypto investors can rely on “frankly, nothing.”
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FDIC Probing Voyager Claims It Was Insured by Regulator
The Canadian-based crypto exchange filed for bankruptcy earlier this week.
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FDIC Asks All Banks to Report Crypto Activities
All FDIC-supervised institutions have been asked to provide the federal banking regulator with information about their “crypto-related activities.”
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Caitlin Long's Wyoming Crypto Bank Takes a Step Toward Fed Membership
It's no guarantee of Fed approval, but Avanti Bank now has a routing number through the American Bankers Association.
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New FDIC Acting Chair Says Evaluation of Crypto Risks Is a Top Priority for 2022
Martin Gruenberg said agencies like the FDIC need to provide “robust guidance” to the banking industry on how to manage the risks to consumers posed by crypto assets.
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Anchorage Closes In on FDIC Crypto Custodian Deal, Documents Show
The three-year deal would have Anchorage act as a crypto asset manager and liquidator for the U.S. bank regulator.
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FDIC Still Unclear if USDF Stablecoin Is FDIC-Insurable
It is “too early to be answering questions about whether or not stablecoins are FDIC insurable,” a spokesperson told CoinDesk.
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FinCEN, FDIC to Hold 'Tech Sprint' for Digital Identity Tools
The proliferation of scams, information leaks and synthetic identity fraud is presenting a major challenge to the online financial services industry, federal regulators said.
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